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Hino Motors (Hino Motors) Days Sales Outstanding : 64.01 (As of Dec. 2023)


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What is Hino Motors Days Sales Outstanding?

Hino Motors's average Accounts Receivable for the three months ended in Dec. 2023 was $1,881 Mil. Hino Motors's Revenue for the three months ended in Dec. 2023 was $2,682 Mil. Hence, Hino Motors's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.01.

The historical rank and industry rank for Hino Motors's Days Sales Outstanding or its related term are showing as below:

HINOY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.96   Med: 65.1   Max: 73.59
Current: 67.77

During the past 13 years, Hino Motors's highest Days Sales Outstanding was 73.59. The lowest was 60.96. And the median was 65.10.

HINOY's Days Sales Outstanding is ranked better than
53.37% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.645 vs HINOY: 67.77

Hino Motors's Days Sales Outstanding increased from Dec. 2022 (61.40) to Dec. 2023 (64.01).


Hino Motors Days Sales Outstanding Historical Data

The historical data trend for Hino Motors's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hino Motors Days Sales Outstanding Chart

Hino Motors Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.64 72.30 77.01 74.26 74.61

Hino Motors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.62 70.98 68.03 64.01 69.44

Competitive Comparison of Hino Motors's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Hino Motors's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hino Motors's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hino Motors's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hino Motors's Days Sales Outstanding falls into.



Hino Motors Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Hino Motors's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

Days Sales Outstanding (A: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (2159.649 + 1978.152) / 2 ) / 10120.606*365
=2068.9005 / 10120.606*365
=74.61

Hino Motors's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1933.823 + 1828.728) / 2 ) / 2681.761*365 / 4
=1881.2755 / 2681.761*365 / 4
=64.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hino Motors  (OTCPK:HINOY) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Hino Motors Days Sales Outstanding Related Terms

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Hino Motors (Hino Motors) Business Description

Traded in Other Exchanges
Address
1-1 Hinodai 3-chome, Hino-shi, Tokyo, JPN
Hino Motors Ltd is a Japanese automobile manufacturer, and a subsidiary of Toyota Motor. The company primarily manufactures and sells medium and heavy commercial vehicles, such as trucks and buses, and light commercial vehicles under the Hino brand. These operations contribute the majority of consolidated revenue. In addition, Hino manufactures passenger vehicles under the Toyota brand, along with engines and spare parts. Domestic sales represent the largest share of Hino's revenue, with Asia excluding Japan the next most significant contributor.

Hino Motors (Hino Motors) Headlines

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